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Major Smart Card Market Players Join Forces to Advance Open and Secure Public Transport Smart Card Applications; Smart Card Makers Giesecke & Devrient and Oberthur Technologies, and Chip Providers Infineon and INSIDE Contactless Launch Initiative to Establish Open Standard

January 26, 2010

Transport Ticketing 2010 Conference & Expo, London – January 26, 2010 – Smart card manufacturers Giesecke & Devrient GmbH (G&D) and Oberthur Technologies S.A., and chip suppliers Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and INSIDE Contactless S.A. today announced they have launched an industry initiative to provide a new security solution for next-generation smart card-based public transport applications.
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